Articles, Library comments - page 37

ASQ Order Executor : ASQ Order Executor — Institutional order execution wrapper for MQL5 EAs ASQ Order Executor provides institutional-grade order execution with automatic retry logic, slippage monitoring, partial fill handling, requote management, and comprehensive execution statistics. Drop it

Check out the new article: Automating Trading Strategies in MQL5 (Part 14): Trade Layering Strategy with MACD-RSI Statistical Methods . In this article, we introduce a trade layering strategy that combines MACD and RSI indicators with statistical methods to automate dynamic trading in MQL5. We

MQL5 Wizard - Trade Signals Based on Bullish Engulfing/Bearish Engulfing + RSI : p style="text-align: justify;">The MQL5 Wizard allows creating ready-made Expert Advisors based on the Standard library classes delivered together with the client terminal (see Creating Ready-Made Expert Advisors in

Period Converter Optimized: Improved period converter support real-time refreshing, low CPU cost and other features. Author: wfy05

Indicator for monitoring the lot and profit: The indicator displays the total lot and profit for the current instrument. Author: Vladimir Khlystov

Opened positions indicator: It shows a brief information about all of the positions opened. It can be useful, if yours expert advisor trades many positions simultaneously. Author: Александр

TickValue_Compare - diagnose differences between TICK_VALUE, LOSS and PROFIT : Diagnostic script that compares SYMBOL_TRADE_TICK_VALUE, SYMBOL_TRADE_TICK_VALUE_LOSS and SYMBOL_TRADE_TICK_VALUE_PROFIT for every symbol in Market Watch. Classifies each symbol into one of four categories (ALL_EQUAL

Heiken ashi as series : Heiken ashi with all buffers set as series Author: Conor Mcnamara

Check out the new article: The Kalman Filter for Forex Mean-Reversion Strategies . The Kalman filter is a recursive algorithm used in algorithmic trading to estimate the true state of a financial time series by filtering out noise from price movements. It dynamically updates predictions based on new

Check out the new article: From "Best Pass" to Robust Solutions: Exploring the Optimization Surface in MetaTrader 5 . The article examines an engineering approach to optimizing an Expert Advisor in MetaTrader 5: from collecting custom metrics through Optimization Frames to parameter surface

Check out the new article: Encoding Candlestick Patterns (Part 1): An Alphabetical System for Signal Detection . We present a rule‑based alphabet for candlestick price action that maps measurable shape and direction to letter codes (A/a, H/h, E/e, G/g, D). The article shows an MQL5 implementation

Volume Profile + Range v6.0 : Volume Profile + Range v6.0 (former TPO). Distribution of deals by price levels at a given time interval. Displayed as a histogram. Author: Olexiy Polyakov

Institutional StatArb and Cointegration Spread Z-Score : A quantitative multi-asset oscillator designed for Statistical Arbitrage (Pairs Trading), it calculates the logarithmic spread between two correlated assets and measures its Z-Score to identify risk-neutral mean-reverting opportunities

Check out the new article: MetaTrader 5: Build a Market to Suit Your Strategy — Renko/Range/Volume, Synthetics, and Stress Tests on Custom Symbols . In this article, we demonstrate how to use API of the MetaTrader 5 custom symbols to transform your terminal into a data constructor for generating

Check out the new article: Implementing a Bollinger Bands Trading Strategy with MQL5: A Step-by-Step Guide . A step-by-step guide to implementing an automated trading algorithm in MQL5 based on the Bollinger Bands trading strategy. A detailed tutorial based on creating an Expert Advisor that can be

Check out the new article: The MQL5 Standard Library Explorer (Part 12): Multi-Timeframe Composite-Score Dashboard . The article implements CMultiTimeframeMatrix, a reusable dashboard that maps symbols vs. timeframes and displays a numeric, colour‑coded score. The score combines trend, momentum, and

Check out the new article: Beyond GARCH (Part III): Building the MMAR and the Verdict . With the multifractal parameters from Part 2 in hand, this article builds the full MMAR process. We construct the multiplicative cascade for trading time, generate Fractional Brownian Motion via Davies-Harte FFT

Check out the new article: Price Action Analysis Toolkit Development (Part 69): Flag Pattern Detection in MQL5 . This article shows how to convert subjective flag recognition into reproducible MQL5 logic for live charts. It combines ATR-normalized pole strength, retracement limits, consolidation

Institutional Harmonic Volumetric Gravity Center : A quantitative volume density engine utilizing weighted Harmonic Mean mathematics to eliminate arithmetic outliers and map the true institutional liquidity center of gravity. Author: Amanda Vitoria De Paula Pereira

Institutional Toxic Flow and Tick Speedometer : A high-frequency trading utility designed to measure real-time tick velocity and detect toxic order flow spikes before they reflect entirely on standard price candles. Author: Amanda Vitoria De Paula Pereira

Institutional Anchored VWAP (Smart Money Benchmark) : The ultimate institutional benchmark tool for MT4. It accurately plots the Volume Weighted Average Price (VWAP) anchored to daily, weekly, or monthly sessions, including standard deviation bands for high-probability mean-reversion setups. Author

Stealth Trade Manager (Hidden SL/TP and Spread Protector) : A professional trade management utility that completely hides your Stop Loss and Take Profit levels from brokers. It features a Spread Protector to prevent virtual stop-outs during news events or daily rollovers. Author: Amanda Vitoria De

Institutional Z-Score Statistical Reversion : A professional quantitative oscillator that replaces traditional retail momentum indicators like the RSI. It calculates the statistical standard deviation of price action to identify mathematically exhausted reversals. Author: Amanda Vitoria De Paula

Institutional Kelly-VAPS Risk Engine (Library) : An object-oriented MQL5 library (.mqh) that replaces static retail risk models with institutional Volatility-Adjusted Position Sizing (VAPS) and Kelly Criterion mathematics. Author: Amanda Vitoria De Paula Pereira

Check out the new article: MetaTrader 5 Machine Learning Blueprint (Part 15): How to Calibrate Profit-Taking and Stop-Loss Targets from Synthetic Data . This article applies the Optimal Trading Rule from AFML Chapter 13 to set profit targets and stop-losses without in-sample calibration. We model

Check out the new article: RiskGate: Centralized Risk Management for Multiple EAs . Many MetaTrader 5 setups run several EAs on one account, so risk gets fragmented and correlated exposure slips through. The article introduces RiskGate, a centralized Service that evaluates EA intents account‑wide

VR Rsi Robot is a multi-timeframe trading strategy : Just two timeframes — H1 and D1 — work synchronously to filter out the noise and capture only strong RSI reversals from overbought and oversold zones. No random entries, only a clear confirmation of the direction from the "big brother." Author

Close Profit Positions : Close Profit Positions Author: Volodymyr Bobal

Check out the new article: MetaTrader 5 Machine Learning Blueprint (Part 16): Nested CV for Unbiased Evaluation . The article presents a V-in-V nested cross-validation pipeline for financial data that breaks leakage at three decision points: hyperparameter search, calibration, and final evaluation

Check out the new article: MQL5 Wizard Techniques you should know (Part 90): Fenwick Tree Money Management with 1D CNN in MQL5 . This article implements a Fenwick Tree (Binary Indexed Tree) for volume-aware money management inside an MQL5 Wizard Expert Advisor. We structure cumulative volume in